Question: With the use of cases and/or examples, explain FOUR (4) of the following terms as used in company law: i. Fixed charges ii. Preference shares

With the use of cases and/or examples, explain FOUR (4) of the following terms as used in company law:

i. Fixed charges

ii. Preference shares

iii. Registration of charges

iv. No par value

v. Capital maintenance

(20 marks)

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